Cheap Apartments for Rent in Montgomery, MI from $300 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091
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Sherman Apartments
1 to 2 Bedroom Apartments

Sherman Apartments

501 Homer RdConcord, MI 49237
  • Utilities Included
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Addison Apartments
2 Bedroom Apartments

Addison Apartments

211 E Main StAddison, MI 49220
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Northcrest Apartments
Studio to 3 Bedroom Apartments

Northcrest Apartments

810 Regency CtAngola, IN 46703
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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

216 E Everett StHomer, MI 49245
Corporate Housing
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Enchanted Glen
1 to 3 Bedroom Apartments

Enchanted Glen

466 S Burr Oak RdColon, MI 49040
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Price Apartments
1 to 2 Bedroom Apartments

Price Apartments

40 Glenn AveQuincy, MI 49082
Corporate Housing
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Meade Apartments
1 to 2 Bedroom Apartments

Meade Apartments

901 E Michigan AveMarshall, MI 49068
Corporate Housing
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Sheridan Apartments
1 to 2 Bedroom Apartments

Sheridan Apartments

1150 Arms StMarshall, MI 49068
Corporate Housing
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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12 Cedars
2 Bedroom Apartments

12 Cedars

284 School StBrooklyn, MI 49230
Senior Living
Showing Results 1-43, Page 1 of 1

Montgomery, MI Local Guide

Cheapest Available Montgomery Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montgomery, MI is a 1 Bed unit found at Whitman Crossing priced from $619. Drake Terrace III has the second lowest priced unit, which is a 2 Beds apartment currently listed from $741. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whitman Crossing1 Bedroom Unit1BR,1BA$619
Drake Terrace III2 Bedroom2BR,1BA$741
York Hills ApartmentsYork Hills Apartments - One Bedroom ** FIRST MO...1BR,1BA$750
Riverside (Albion 64 LLC)Riverside Apartments - StudioStudio,1BA$750
Carriage Park Apartments (Carriage Park Investors LLC)Carriage Park Apartments - Studio (Heat NOT Inc...Studio,1BA$795
Oak MeadowsOne Bedroom1BR,1BA$825
Village Green Apartments200 West Drive N1BR,1BA$875
Carriage House (Albion 64 LLC)Carriage House Apartments - One Bedroom - Heat ...1BR,1BA$875
Alpine Lake ApartmentsJunoStudio,1BA$891
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$919

Best Value Apartments for Rent in Montgomery, MI and Nearby

As of May 20, 2026 the best value apartment in the Montgomery area is the $0.89 price per square foot Park Crest Apartments - Two Bedroom, One & Half... Model at Park Crest Apartments in the starting from $1,152. The second greatest value Montgomery apartment is the 4 Bedroom House Model at Oak Meadows starting at $1,400 with a $1.17 price per square foot in the Marshall Albion neighborhood. Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Crest ApartmentsPark Crest Apartments - Two Bedroom, One & Half...2BR,1.5BA$0.89
Oak Meadows4 Bedroom House4BR,1.5BA$1.17
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.07
Riverside (Albion 64 LLC)Albion Riverside Apartments - Two Bedroom - Hea...2BR,1BA$0.98
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$0.96
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.11
Whitman Crossing1 Bedroom Unit1BR,1BA$0.67
Carriage House (Albion 64 LLC)Carriage House Apartments - One Bedroom - Heat ...1BR,1BA$1.06
207 Water St1 Bed 1 Bath Apt.1BR,1BA$1.19
Drake Terrace III2 Bedroom2BR,1BA$0.99

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, MI Rentals by Map

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See the most popular apartments and homes in Montgomery, MI

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Frequently Asked Questions about Cheap Montgomery Apartments

What is the Cheapest Studio apartment in Montgomery?

Currently the most affordable Cheap Studio Apartment in Montgomery is at Riverside (Albion 64 LLC) listed at $750.

How much is rent for a Cheap One Bedroom Montgomery Apartment?

The lowest price for a Cheap One Bedroom Montgomery Apartment is $619 at Whitman Crossing.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $726 at Whitman Crossing.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Drake Terrace III and starts from $776.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.